July 2025 Newsletter Halifax Real Estate

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HalifaxRealEstateNews

July 2025

Itmaynotbecalledatax but make no mistake, Halifax’s proposed $27,000 Regional Development Charge (RDC) increase is a TAX. Just like a tariff, this fee gets passed down the line and lands where it always does: squarely on the shouldersofthebuyer.

Halifax Water has unveiled its 2025 RDC proposal, and the numbers are staggering. The total RDC on a new singlefamily home covering water and wastewater infrastructure would jump from just over $8,000 today to more than $27,000in2025...

ssummer ummer welcome welcome

SUN & STATS: HALIFAX MARKET OVERVIEW

SINGLE-FAMILYTRENDSINFULLBLOOM

2025 Energy Rebates & Incentives Every Halifax Homeowner

Should Know

Let’s be honest living in Halifaxmeansdealingwithwild weather, from nor’easters to stickysummerheatwaves.That means energy bills can sneak up on you like a raccoon in your compost bin. But here’s thegoodnews:there’sapileof energyrebatesandincentives

available across Nova Scotia right now and yes, they absolutely apply to us here in Halifax.

Ifyou’reahomeowner,landlord, renter, or even running a small business, there are real dollars onthetableto...

WhatFailedHomeSales inHalifaxRevealAbout the2025JuneMarket

Asyourgo-torealestateagentherein Halifax,Ibelieveclientsdeservethefull picture—not just the sunny-side stats. So let’s talk about something that doesn’t get as much attention but reveals a lot about what’s really going on: properties that came back on the market after an accepted offer fell through.

We pulled data from the Nova Scotia Association of REALTORS® (NSAR) for June 2025, and what we found gives us a whole new level of insight into buyer behavior, financing issues, and howtobetterposition...

What’sThisAllAbout?

Thisreportlooksat118Halifax-area propertiesthatwereundercontract butendedupbackonthemarket. Whetheritwasduetofinancingfalling apart,failedinspections,orgoodoldfashionedbuyercoldfeet,these"backon-market"propertiesareapeek behindthecurtainofwhat'sreally goingoninHRM'srealestatemarket

HALIFAX REAL ESTATE SHOWINGS ANALYSIS

Big News

TheCanadianfederalgovernmentjust introducedtheFirst-TimeHomeBuyers’GST Rebate,andit’samassivewinforfirst-time buyersinHalifaxandacrossNovaScotia.

What’stheDeal?

Buyabrand-newhome—orbuildone—andyou couldrecoverupto$50,000inGST(that’safull5% ofthepurchaseprice!)

Appliestohomesvaluedupto$1million—youget 100%back

Forhomesbetween$1millionand$1.5million,the rebatephasesoutlinearly(e.g.a$1.25millionbuild getsabout50%back)

Norebateonhomesatorabove$1.5million

SUMMERHIGHSINCONDOLIVING

NEWCONSTRUCTION’SSTATS

Trends for Seniors in Halifax

Ifyou’reahomeownerover55inHalifax,you’velikelynoticedthe marketshiftingunderyourfeet.Pricesareclimbing,competitionis stiff,andnavigatingyournextmove whetherthat’sdownsizing, refinancing,oraddingasecondarysuite—canfeellikeamaze.Let’s breakdownexactlywhat’shappening,whatyouroptionsare,and howyoucanusetoday’smarkettoyouradvantage...

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